Lombard: Tesco and Natwest join forces to help farmers reduce costs and decarbonise

1,500 Tesco farmers set to benefit from the voluntary scheme, as well as access to Tesco preferred suppliers.

• Tesco and NatWest will provide financial assistance through Lombard for farmers who want to switch to sustainable farming methods
• 1,500 Tesco farmers set to benefit from the voluntary scheme, as well as access to Tesco preferred suppliers, with potential volume discounts offered on assets such as solar panels and heat pumps

Tesco, the UK’s leading supermarket and NatWest, the largest UK bank for business and one of the largest for the farming sector, have today launched a new incentivised climate and sustainable finance scheme for 1,500 of the retailer’s farmers, providing them with preferential rates on finance to help them switch to sustainable farming methods, including installing renewable energy sources, such as solar panels and wind turbines, and fossil fuel-free heating or cooling systems, such as heat pumps.

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